Prime Bank Past Earnings Performance
Past criteria checks 5/6
Prime Bank has been growing earnings at an average annual rate of 21.7%, while the Banks industry saw earnings growing at 8.7% annually. Revenues have been growing at an average rate of 6.7% per year. Prime Bank's return on equity is 13.8%, and it has net margins of 30.1%.
Key information
21.7%
Earnings growth rate
21.7%
EPS growth rate
| Banks Industry Growth | 8.5% |
| Revenue growth rate | 6.7% |
| Return on equity | 13.8% |
| Net Margin | 30.1% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Prime Bank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 15,431 | 4,651 | 6,836 | 0 |
| 30 Jun 23 | 14,607 | 4,379 | 6,735 | 0 |
| 31 Mar 23 | 14,707 | 3,997 | 6,684 | 0 |
| 31 Dec 22 | 14,371 | 3,995 | 6,528 | 0 |
| 30 Sep 22 | 14,838 | 3,472 | 6,381 | 0 |
| 30 Jun 22 | 14,285 | 3,002 | 6,346 | 0 |
| 31 Mar 22 | 13,538 | 2,768 | 6,200 | 0 |
| 31 Dec 21 | 13,705 | 3,250 | 6,098 | 0 |
| 30 Sep 21 | 13,451 | 3,258 | 6,104 | 0 |
| 30 Jun 21 | 13,445 | 3,250 | 5,983 | 0 |
| 31 Mar 21 | 11,956 | 2,827 | 5,979 | 0 |
| 31 Dec 20 | 11,424 | 1,828 | 6,001 | 0 |
| 30 Sep 20 | 10,523 | 949 | 6,078 | 0 |
| 30 Jun 20 | 10,434 | 935 | 6,201 | 0 |
| 31 Mar 20 | 11,842 | 1,426 | 6,188 | 0 |
| 31 Dec 19 | 11,635 | 1,328 | 6,202 | 0 |
| 30 Sep 19 | 12,423 | 2,490 | 6,216 | 0 |
| 30 Jun 19 | 12,426 | 2,495 | 6,202 | 0 |
| 31 Mar 19 | 11,891 | 2,324 | 6,301 | 0 |
| 31 Dec 18 | 11,529 | 2,273 | 6,222 | 0 |
| 30 Sep 18 | 10,587 | 1,049 | 6,247 | 0 |
| 30 Jun 18 | 9,888 | 1,134 | 6,132 | 0 |
| 31 Mar 18 | 9,490 | 767 | 5,934 | 0 |
| 31 Dec 17 | 9,437 | 1,216 | 5,702 | 0 |
| 30 Sep 17 | 10,969 | 3,425 | 5,596 | 0 |
| 30 Jun 17 | 10,426 | 2,746 | 5,512 | 0 |
| 31 Mar 17 | 9,459 | 2,460 | 5,379 | 0 |
| 31 Dec 16 | 9,146 | 2,188 | 5,360 | 0 |
| 30 Sep 16 | 6,695 | -38 | 5,287 | 0 |
| 30 Jun 16 | 7,391 | 325 | 5,551 | 0 |
| 31 Mar 16 | 9,235 | 1,919 | 5,384 | 0 |
| 31 Dec 15 | 9,338 | 2,173 | 5,264 | 0 |
| 30 Sep 15 | 9,957 | 3,252 | 5,086 | 0 |
| 30 Jun 15 | 10,357 | 3,404 | 5,016 | 0 |
| 31 Mar 15 | 8,911 | 1,739 | 4,951 | 0 |
| 31 Dec 14 | 9,265 | 2,246 | 4,830 | 0 |
| 30 Sep 14 | 11,601 | 3,042 | 5,047 | 0 |
| 30 Jun 14 | 12,111 | 3,700 | 4,475 | 0 |
| 31 Mar 14 | 12,639 | 4,844 | 4,516 | 0 |
| 31 Dec 13 | 9,725 | 2,038 | 4,442 | 0 |
| 30 Sep 13 | 8,344 | 1,006 | 4,461 | 0 |
| 30 Jun 13 | 8,090 | 824 | 4,382 | 0 |
Quality Earnings: PRIMEBANK has high quality earnings.
Growing Profit Margin: PRIMEBANK's current net profit margins (30.1%) are higher than last year (23.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PRIMEBANK's earnings have grown significantly by 21.7% per year over the past 5 years.
Accelerating Growth: PRIMEBANK's earnings growth over the past year (34%) exceeds its 5-year average (21.7% per year).
Earnings vs Industry: PRIMEBANK earnings growth over the past year (34%) exceeded the Banks industry 20.5%.
Return on Equity
High ROE: PRIMEBANK's Return on Equity (13.8%) is considered low.